Summary by Futu AI
China Telecom Co., Ltd. announced the implementation of the distribution of 2023 A-share profits on June 13, 2024, and will distribute a cash dividend of RMB 0.090 per share with tax included. The distribution plan has been approved at the annual shareholder meeting on May 27, 2024. The registration date for equity is set on June 12, 2024, and the ex-rights (interest) date and cash dividend payment date are both on June 13, 2024. This profit distribution is based on the company's total share capital of 91,507,138,699 shares, of which the A-share profit distribution is based on the company's A-shares of 77,629,728,699 shares, and a total of RMB 6,986,675,582.91 cash dividends will be distributed (including tax). China Telecommunications Corporation will distribute cash dividends on its own, while cash dividends of other A-share shareholders will be distributed through the fund clearing system of Shanghai Clearing House. With regard to the deduction of dividend income tax, it will be calculated and withheld according to the shareholder's holding period and relevant tax policies.